Analysis of Reportable Segments
Monsanto Co. operates in 2 segments: Seeds and Genomics and Agricultural Productivity.
Segment Profit Margin
Monsanto Co., profit margin by reportable segment
| Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | |
|---|---|---|---|---|---|---|
| Seeds and Genomics | 26.67% | 22.95% | 21.54% | 24.27% | 23.33% | 26.25% |
| Agricultural Productivity | 9.47% | 3.30% | 27.20% | 26.30% | 23.18% | 12.84% |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Seeds and Genomics | Seeds and Genomics segment profit margin ratio improved from 2015 to 2016 and from 2016 to 2017. |
| Agricultural Productivity | Agricultural Productivity segment profit margin ratio deteriorated from 2015 to 2016 but then slightly improved from 2016 to 2017. |
Segment Profit Margin: Seeds and Genomics
Monsanto Co.; Seeds and Genomics; segment profit margin calculation
| Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| EBIT | 2,910) | 2,292) | 2,206) | 2,607) | 2,412) | 2,570) |
| Net sales | 10,913) | 9,988) | 10,243) | 10,740) | 10,340) | 9,789) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 26.67% | 22.95% | 21.54% | 24.27% | 23.33% | 26.25% |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).
1 2017 Calculation
Segment profit margin = 100 × EBIT ÷ Net sales
= 100 × 2,910 ÷ 10,913 = 26.67%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Seeds and Genomics | Seeds and Genomics segment profit margin ratio improved from 2015 to 2016 and from 2016 to 2017. |
Segment Profit Margin: Agricultural Productivity
Monsanto Co.; Agricultural Productivity; segment profit margin calculation
| Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| EBIT | 353) | 116) | 1,294) | 1,345) | 1,048) | 477) |
| Net sales | 3,727) | 3,514) | 4,758) | 5,115) | 4,521) | 3,715) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 9.47% | 3.30% | 27.20% | 26.30% | 23.18% | 12.84% |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).
1 2017 Calculation
Segment profit margin = 100 × EBIT ÷ Net sales
= 100 × 353 ÷ 3,727 = 9.47%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Agricultural Productivity | Agricultural Productivity segment profit margin ratio deteriorated from 2015 to 2016 but then slightly improved from 2016 to 2017. |
Segment Return on Assets (Segment ROA)
Monsanto Co., ROA by reportable segment
| Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | |
|---|---|---|---|---|---|---|
| Seeds and Genomics | 17.35% | 14.53% | 12.73% | 14.81% | 14.85% | 16.12% |
| Agricultural Productivity | 7.73% | 2.93% | 28.19% | 30.69% | 23.72% | 11.14% |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Seeds and Genomics | Seeds and Genomics segment ROA improved from 2015 to 2016 and from 2016 to 2017. |
| Agricultural Productivity | Agricultural Productivity segment ROA deteriorated from 2015 to 2016 but then slightly improved from 2016 to 2017. |
Segment ROA: Seeds and Genomics
Monsanto Co.; Seeds and Genomics; segment ROA calculation
| Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| EBIT | 2,910) | 2,292) | 2,206) | 2,607) | 2,412) | 2,570) |
| Total assets | 16,768) | 15,772) | 17,330) | 17,598) | 16,246) | 15,944) |
| Segment Profitability Ratio | ||||||
| Segment ROA1 | 17.35% | 14.53% | 12.73% | 14.81% | 14.85% | 16.12% |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).
1 2017 Calculation
Segment ROA = 100 × EBIT ÷ Total assets
= 100 × 2,910 ÷ 16,768 = 17.35%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Seeds and Genomics | Seeds and Genomics segment ROA improved from 2015 to 2016 and from 2016 to 2017. |
Segment ROA: Agricultural Productivity
Monsanto Co.; Agricultural Productivity; segment ROA calculation
| Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| EBIT | 353) | 116) | 1,294) | 1,345) | 1,048) | 477) |
| Total assets | 4,565) | 3,964) | 4,590) | 4,383) | 4,418) | 4,280) |
| Segment Profitability Ratio | ||||||
| Segment ROA1 | 7.73% | 2.93% | 28.19% | 30.69% | 23.72% | 11.14% |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).
1 2017 Calculation
Segment ROA = 100 × EBIT ÷ Total assets
= 100 × 353 ÷ 4,565 = 7.73%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Agricultural Productivity | Agricultural Productivity segment ROA deteriorated from 2015 to 2016 but then slightly improved from 2016 to 2017. |
Segment Asset Turnover
Monsanto Co., asset turnover by reportable segment
| Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | |
|---|---|---|---|---|---|---|
| Seeds and Genomics | 0.65 | 0.63 | 0.59 | 0.61 | 0.64 | 0.61 |
| Agricultural Productivity | 0.82 | 0.89 | 1.04 | 1.17 | 1.02 | 0.87 |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Seeds and Genomics | Seeds and Genomics segment asset turnover ratio improved from 2015 to 2016 and from 2016 to 2017. |
| Agricultural Productivity | Agricultural Productivity segment asset turnover ratio deteriorated from 2015 to 2016 and from 2016 to 2017. |
Segment Asset Turnover: Seeds and Genomics
Monsanto Co.; Seeds and Genomics; segment asset turnover calculation
| Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net sales | 10,913) | 9,988) | 10,243) | 10,740) | 10,340) | 9,789) |
| Total assets | 16,768) | 15,772) | 17,330) | 17,598) | 16,246) | 15,944) |
| Segment Activity Ratio | ||||||
| Segment asset turnover1 | 0.65 | 0.63 | 0.59 | 0.61 | 0.64 | 0.61 |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).
1 2017 Calculation
Segment asset turnover = Net sales ÷ Total assets
= 10,913 ÷ 16,768 = 0.65
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Seeds and Genomics | Seeds and Genomics segment asset turnover ratio improved from 2015 to 2016 and from 2016 to 2017. |
Segment Asset Turnover: Agricultural Productivity
Monsanto Co.; Agricultural Productivity; segment asset turnover calculation
| Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net sales | 3,727) | 3,514) | 4,758) | 5,115) | 4,521) | 3,715) |
| Total assets | 4,565) | 3,964) | 4,590) | 4,383) | 4,418) | 4,280) |
| Segment Activity Ratio | ||||||
| Segment asset turnover1 | 0.82 | 0.89 | 1.04 | 1.17 | 1.02 | 0.87 |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).
1 2017 Calculation
Segment asset turnover = Net sales ÷ Total assets
= 3,727 ÷ 4,565 = 0.82
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Agricultural Productivity | Agricultural Productivity segment asset turnover ratio deteriorated from 2015 to 2016 and from 2016 to 2017. |
Segment Capital Expenditures to Depreciation
Monsanto Co., capital expenditures to depreciation by reportable segment
| Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | |
|---|---|---|---|---|---|---|
| Seeds and Genomics | 1.29 | 1.23 | 1.30 | 1.46 | 1.25 | 0.97 |
| Agricultural Productivity | 2.96 | 1.46 | 1.58 | 1.41 | 1.02 | 1.37 |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Seeds and Genomics | Seeds and Genomics segment capital expenditures to depreciation ratio deteriorated from 2015 to 2016 but then improved from 2016 to 2017 not reaching 2015 level. |
| Agricultural Productivity | Agricultural Productivity segment capital expenditures to depreciation ratio deteriorated from 2015 to 2016 but then improved from 2016 to 2017 exceeding 2015 level. |
Segment Capital Expenditures to Depreciation: Seeds and Genomics
Monsanto Co.; Seeds and Genomics; segment capital expenditures to depreciation calculation
| Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Property, plant and equipment purchases | 757) | 727) | 762) | 831) | 619) | 493) |
| Depreciation and amortization expense | 585) | 593) | 586) | 568) | 495) | 510) |
| Segment Financial Ratio | ||||||
| Segment capital expenditures to depreciation1 | 1.29 | 1.23 | 1.30 | 1.46 | 1.25 | 0.97 |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).
1 2017 Calculation
Segment capital expenditures to depreciation = Property, plant and equipment purchases ÷ Depreciation and amortization expense
= 757 ÷ 585 = 1.29
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Seeds and Genomics | Seeds and Genomics segment capital expenditures to depreciation ratio deteriorated from 2015 to 2016 but then improved from 2016 to 2017 not reaching 2015 level. |
Segment Capital Expenditures to Depreciation: Agricultural Productivity
Monsanto Co.; Agricultural Productivity; segment capital expenditures to depreciation calculation
| Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Property, plant and equipment purchases | 483) | 196) | 205) | 174) | 122) | 153) |
| Depreciation and amortization expense | 163) | 134) | 130) | 123) | 120) | 112) |
| Segment Financial Ratio | ||||||
| Segment capital expenditures to depreciation1 | 2.96 | 1.46 | 1.58 | 1.41 | 1.02 | 1.37 |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).
1 2017 Calculation
Segment capital expenditures to depreciation = Property, plant and equipment purchases ÷ Depreciation and amortization expense
= 483 ÷ 163 = 2.96
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Agricultural Productivity | Agricultural Productivity segment capital expenditures to depreciation ratio deteriorated from 2015 to 2016 but then improved from 2016 to 2017 exceeding 2015 level. |
Net sales
Monsanto Co., net sales by reportable segment
US$ in millions
| Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | |
|---|---|---|---|---|---|---|
| Seeds and Genomics | 10,913) | 9,988) | 10,243) | 10,740) | 10,340) | 9,789) |
| Agricultural Productivity | 3,727) | 3,514) | 4,758) | 5,115) | 4,521) | 3,715) |
| Total | 14,640) | 13,502) | 15,001) | 15,855) | 14,861) | 13,504) |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).
EBIT
Monsanto Co., ebit by reportable segment
US$ in millions
| Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | |
|---|---|---|---|---|---|---|
| Seeds and Genomics | 2,910) | 2,292) | 2,206) | 2,607) | 2,412) | 2,570) |
| Agricultural Productivity | 353) | 116) | 1,294) | 1,345) | 1,048) | 477) |
| Total | 3,263) | 2,408) | 3,500) | 3,952) | 3,460) | 3,047) |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).
Depreciation and amortization expense
Monsanto Co., depreciation and amortization expense by reportable segment
US$ in millions
| Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | |
|---|---|---|---|---|---|---|
| Seeds and Genomics | 585) | 593) | 586) | 568) | 495) | 510) |
| Agricultural Productivity | 163) | 134) | 130) | 123) | 120) | 112) |
| Total | 748) | 727) | 716) | 691) | 615) | 622) |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).
Total assets
Monsanto Co., total assets by reportable segment
US$ in millions
| Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | |
|---|---|---|---|---|---|---|
| Seeds and Genomics | 16,768) | 15,772) | 17,330) | 17,598) | 16,246) | 15,944) |
| Agricultural Productivity | 4,565) | 3,964) | 4,590) | 4,383) | 4,418) | 4,280) |
| Total | 21,333) | 19,736) | 21,920) | 21,981) | 20,664) | 20,224) |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).
Property, plant and equipment purchases
Monsanto Co., property, plant and equipment purchases by reportable segment
US$ in millions
| Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | |
|---|---|---|---|---|---|---|
| Seeds and Genomics | 757) | 727) | 762) | 831) | 619) | 493) |
| Agricultural Productivity | 483) | 196) | 205) | 174) | 122) | 153) |
| Total | 1,240) | 923) | 967) | 1,005) | 741) | 646) |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).